Corporate September 3, 2026 Texas market

Austin based Flex agrees to buy EPC Power for $4.4B, moving into AI data center power conversion

Flex, headquartered in Austin, signed a definitive agreement announced September 3 to acquire EPC Power for $4.4 billion, subject to customary adjustments and closing conditions. EPC Power builds power conversion equipment for data centers and grid applications, including rectifiers, DC to DC conversion and grid forming systems, and is developing solid state transformers.

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